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hands a defeat to prime minister david cameron over eu funding. >> as the u.s. northeast picks up the pieces after sandy, barack obama hits the campaign trail again. >> bayern-munich rocked to victory. >> the chris parliament has made it clear the budget for the european union must be reduced. >> members of parliament delivered an embarrassing defeat to prime minister david cameron late on wednesday in what the press there is calling kamins fright night. >> cameron has been calling for an eu budget freeze, but members of his own conservative party revolted, demanding brussels trim its spending. >> we have more now on the vote and the fallout beginning in london. >> when the vote was read out, it was a stunning defeat for the government. the opposition labor party is rubbing its hands in glee. 53 of david cameron is -- cameron's own party refused to toe the line, pushing through the amendment. kamen wants to freeze the eu budget over the next seven years, but these skeptics say a freeze does not go far enough. they want to see cuts in real terms. opposition labour is supporting the
, so whether the u.s. down there or italy and spain here in the periphery, 4.7%, 6%, remarkable there, level for spain even today as the country's banks are being more fully examined in light of the national examination plans. the dollar/yen pulling back about half a percent to 8167. let's get to deirdre bolton from singapore. hi, deirdre. >> hi, kelly, how are you? and it's morris, by the way. but i'm flattered that you call me bolton. in china and hong kong, it was all about, what else, the fiscal cliff. those comments from the senate majority leader harry reid overnight really sparked some jitters in this session today, so we have red across the board. the shanghai composite, it is well and truly below that 2011 level, shedding another .9 of a percent. the hang seng was feeling some of that pressure from chinese stocks and shedding .6 of a percent. it was the mainland banks that were the culprit. they didn't fare as badly if the mainland. some capital requirement rules are going to be implemented that are raising concerns about loans and the ability of these major banks to give out
beatrix hoffman to you. she is a leading historian of u.s. health care systems. i bet you have been very busy during this political season, beatrix, with the debate about what's best in health care, what's best in health care insurance, what's best for women's health care rights being in the air everywhere you look these days. so as a person addicted both the politics and in academic and women's history, i come and i'm sure all of us, are really looking forward to your presentation, so thanks for being here. you couldn't be any better town for this talk either. since much of grand rapids including grand valley state has been very highly invested in the health care industry, hoping to develop stellar health care education, research, innovation and practice are all on the quest for great health care. i hope some of the visitors to town will be able to see what we call health care in michigan where so much of investment in medical health related work has been made. doctor hoffman is professor and chair of the department of history at northern illinois. she completed her ph.d as it seems at
. closing arguments have ended in a pretrial hearing to determine whether u.s. staff sergeant robert bales will face a court- martial for allegedly slaughtering 16 afghan civilians, including nine children, in march. military prosecutors are seeking the death penalty while defense attorneys have argued that alcohol abuse, drug use, and posttraumatic stress disorder all may have played a key role in fueling his actions. the presiding officer says he'll issue a recommendation on whether to proceed to court martial by the end of the week. deadly fighting in syria reportedly left at least 63 people dead across the country tuesday, including 41 in the capital damascus. syrian tanks continue to shell the palestinian refugee camp which has seen heavy violence this month. france has become the first western country to recognize syria's newly brokered opposition coalition as the sole representative of the syrian people. the coalition was formed over the weekend at a summit in doma. at least 24 people at and killed and more than 100 wounded in a series of bombings across iraq. a multiple explosions
of international efforts to mediate a truce between israel and hamas. u.s. secretary general ban ki moon is lending his support. >> my message is clear. all sides must avoid fire. further escalating the situation will put the entire region at risk. >> our leaders, he traveled to jerusalem with talks -- to talk with benjamin netanyahu. he condemned the attacks and the loss of civilian lives in gaza. netanyahu reiterated that they would be willing to are dissipate in a ceasefire but only if hamas immediately sees as the rocket attacks. >> the long-term solution to be put in place through diplomatic means and israel then would be a willing partner to such a solution, but if kroger military action through the necessary to stop the constant barrage of rockets, israel will not hesitate to do what is necessary to defend our people. >> there are signs that diplomatic efforts may be bearing fruit and mediators iran optimistic that a deal can be made to avert an israeli ground offensive. >> -- mediator's remained optimistic. >> what is the reaction to reports of a ceasefire? >> people don't really believe it
soared on cyber monday. and all bets are off. prediction market entrade says it can no longer accept u.s. customers as market regulators say its trades aren't legal. shanghai composite closed below 2,000 for the first time in three years. it comes at a time when plenty have been talking up chinese growth prospects for next year. so we'll get into that more later. but 1991 is the closing level. this the main one to watch across asia. the nikkei did manage to continue it rally adding about 0.4% as the yen weakens on comments this morning. forex, the dollar-yen one to watch, 82.19 is the level there. the aussie dollar doing a little bit abouter despite that weak number on the shanghai composite. sterling is flat. we'll get into that more later. and euro-dollar just barely higher today, we did see it rallying over the 1.30 mark last night. as we look at crude rallying adding a third of a percent. brent about a quarter of a percent. copper, we're adding 0.2%. 354 bucks on that contract. the real foe you can as we continue to examine whether china's economy is fundamentally hanging in there, c
in the u.s. yesterday. take a look at the bond wall here of course we have an italian auction coming up later and italy's ten year, below 4.5% this morning. so price rising. that yield falling. spain also benefiting. that yield down to 5.2%. bunds creeping back up to 1.4% level. let's key in on currency. the aussie dollar despite the broader risk-on attitude a weaker. dollar-yen moving higher 82.13. and the nikkei is adding to its string of gains throughout the month. euro-dollar rebounding off yesterday's trading session to add 0.1%. let's check in on how the asia trading session went overnight and for more, deidre wong morris joins us from singapore. >> well, it was a very good session over here, as well. headline driven. but a good session on the back of that optimism for fiscal cliff talk. all except this glaring spot of red. shanghai composite finishing lower for yet another session. it keeps falling further and further. doesn't seem that there is anything that policymakers or investors can do to lift sentiment in this market. different story in the hang seng, rebounding up about 1
. that means palestinians have gained more powers but u.s. and isiseli leaders argue it throws up more barriers on the road to peace. >> reporter: it was a historic day for palestinians. before the vote palestinians president made his last plea to gain the support of delegation from u.n. member states. >> translator: i am hoping everyone's decision will give a birth certificate to the state of palestine. >> the assembly voted on a resolution to award palstines nonmember state. >> the result of the voting is as follows. in favor, 138. opposed, 9. abstentions, 41. >> reporter: an overwhelming majority voted in favor. among the minority who voted against resolution were israel and the united states. they argue that the palestine state hood should be negotiated between the two parties first. thursday's vote was a significant victory for the palestinians after their bid to gain full u.n. membership was shelved in the security council. being recognized as a state pal stain my exercise its new right to investigate alleged war crimes by israel. critics say it would the detrimental. it remains to be see
after good gains yesterday. following strong moves in the u.s., as well. cac 40 down half a percent. weighed town by the moody's downgrade, although expected. and ibex done around 0.4%. french debt market, yields are up to 2.1%. treasuries slightly higher, but still below 6%. ten year bund yields slightly lower. so france is trading with the peripheral in that sense. euro-dollar, 1.2794 is where we stand, dipping slightly on on the back of the french downgrade. dollar-yen 81.26, but the yen has been down at acceseven mont lows. aussie dollar slightly weaker against the u.s. dollar. rba minutes suggesting that their policymakers consider further monetary easing may be appropriate. still to come, we'll be in athens and brussels. euro group reportedly close to signing off on the next tranche aid. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. get on e-trade. set up a real plan. frank!
about taxes, u.s. economic policy. but that was about taxes and the electoral campaign. now we had elections and the taxes are at the center of a very important political debate and at the center of negotiations between the obama administration and congress, particularly the republican controlled house. as i watched the president during his recent press conference and listened to leaders of the house, i think everybody agrees it would be highly desirable to reach a compromise. they also agree the elections provided a mandate. the president seems to think that he is the one who got the mandate and that republicans are saying, well, yes, mr. president, but me, too. and how do you reconcile two mandates and reach an agreement? what are the consequences of failing to do so? this is one of the most important issues facing the administration, the congress, and the nation. mr. norquist. >> several months ago i said there are two options for after the election. after the election, if romney was elected, he would have republican senate to go along with the house. they would pass the ryan pl
years after a massive oil spill at daily inched the u.s. coast. --deluged the u.s. coast. welcome to our viewers on public television in america and around the globe. there are real concerns that the conflict between palestinian militants in gaza and israel could spark a wider conflict in the region. air raid fire sounded in the israeli city of tel aviv as rockets were fired towards it. the assaults underlines the rising tension. >> tonight, sirens sounding across tel aviv. the commercial capital and most populous city now a target for the rockets being fired by militants -- militants in gaza. people to cover bread they could. there were no casualties -- people took cover where they could. there were no casualties. >> i saw a flash of light. 2 kilometers in the direction of the seat. the rocket landed in the seat. >> targeting tel aviv marks a significant escalation of this growing conflict. the body of the man held responsible by his it -- by israel for launching hundreds of rockets from gauze that. -- gaza. at his funeral in gaza city, the military commander was carried to the streets
program. he'll likely ask china to persuade the north to skrapt launch. u.s. analysts said recent satellite photos said pyongyang may fire another missile. north korean military leaders launched what they called a satellite from the same pace in april. western intelligence analysts said the device, which crashed, was a long-range missile. >>> people at a japanese electronics company are interested in strength ning their renewable energy department. ai uchida from the business desk joins us now. >> i want to tell you specifically about rechargeable batteries or storage batteries. they're use envelope households during pow area outages, they're useful to drivers who use them in place of gasoline. the people at nec in japan understand that this is a growing and important market. the japanese electronics firm will join the bidding for a bankrupt u.s. company making storage batteries. nec officials say they want to buy the failed batterymaker a 1, 2, 3 systems. the u.s. firm filed for bankruptcy protection last month. it will be up for auction in early december. sources say nec could e
elections. as well as a growing pressure from congress as will some u.s. allies in the region against diplomacy. focus shifted to sanctions and tehran responded by further expanding its nuclear program leaving both sides worse off today than they were a few years ago. in the meantime, sanctions have held iranian middle class for the impoverished population while the regime's repression and human rights abuses have continued to intensify and its nuclear program has continued to expand. but a new window for opportunity for diplomacy has opened through obama's convincing real election, and in the next few months, up until the iranian new year, both sides enjoy maximum political space and maneuverability to negotiate effectively. the logic of diplomacy is obvious. it's the only option that can truly resolve the issue. sanctions can cripple iran's economy at the expense of destiny that pro-democracy movement there, but sanctions alone cannot resolve this issue. the military option can set back the program for a year or two but only at the expense of ensuring that eventually iran eventually
antiseminism and -- the gnat disifm which implicated grerm any and many other nations. europe and the u.s. until very recently liked to think that the dark times were in the past. and that religious violence was somewhere else. in society's more allegedly primitive, less characterized by heritage of christian values. today we have many reasons to doubt that come complacent self-assessment. it calls for critical self-examination as we try to uncover the roots of ugly fears and suspicious that currently disfigure all western democrats. in april 2011, a law took affect in france according to which it is illegal to cover the face in any public space from parks to marketplaces to shops. although the law does not mention the words women, muslim, boar can, or even israelied, it was introduced by president as a ban on muslim vailing which according to him imprisons women and threatens french values of dignity and equality. the new law rear renders. have adopted some type of restriction. on april 28, 2011, the belgium voted far similar ban although the law is expected to be challenged before the c
on december 7th. they priced the range at the moment of their indicative range. it will be a 3.1 u.s. billion dollar ipo and that would be hong kong's largest in about two years. looking at some of the other markets, the kospi finished with somes losses down 0.1%. asx finishing up 0.6%. let's get over to the november performances because it was a pretty good showing for the month. nikkei of course the outperformer. kelly mentioned the yen. it has been weakening against the u.s. dollar and that has been providing a lot of support. also directly related to politics in japan. this has been in focus over the last month or so. opposition leader expected to be the next prime minister when the country votes. so he has been talking about a lot of aggressive monetary easing and talking about an inflation target of about 2%. so stocks have really been on a roll. the kospi finishing up with just about 1.1% gain in november. we have the asx finishing just slightly lower about a quarter of a percent. and the hang seng continues to win finishing i believe a third month of gains up 1.8% in the month of nove
u.s. ambassador to pakistan the ambassador to the united states and former adviser to hillary clinton. hosted by the world affairs council of america, this is 45 minutes. [applause] >> is a great pleasure to be here with such a great panel, three ambassadors and one globally renowned journalist and scholars. so i've been told there have been a lot of questions about pakistan and afghanistan so far and i think we have a first-rate panel to start dealing with them. what i'm going to do in terms of focusing the discussion is i'm going to key off with questions to each of our panelists, one each and allow for a little bit of follow up and then i will open the floor to use and you will have more time to engage with them. let me begin with ambassador munter. you already got his bio, but i think in some ways he is almost uniquely positioned to provide us a very recent perspective on what pakistan looks like in the united states to official american advisers and diplomats and also the u.s. pakistan relationship during what was an exceedingly difficult and trying time which is no refle
.1 million barrels a day. impact of hurricane sandy in the u.s., reduced, as well. crude oil supply dipped to a nine month low. so the demand being cut, patrick armstrong is where us, managing partner at investment managers. but that's clearly because of global weakness -- well, economic weakness in europe and hurricane impact. >> definitely. year over year, oil demand is up. we've had very weak economy in europe. not much growth in the united states. but i think that's the trend we'll be playing out for the next few years. >> oil 110 at the moment. is that a fair price? >> there's premium built in because of geopolitical risks. i think premium is probably justifiable. you look at wti at $23 discount to where breptd is. that's not sustainable in the long time, but given inventory levels, that will stay. >> do you keep your trade on oil? >> we have neutral position, but we're short the front month. respe respect. we make money by rolling the contracts the other way around. we're long oil in the 12 months forward rolling in to the 13th month and we end up with little more oil with that strat
advisers austan goolsbee on how the u.s. can avoid falling off the fiscal cliff. plus we'll take you live to tokyo with japan hit by election fever. the yen is falling as a repeated call for bold monetary easing. and we'll be live in new york 5:45 a.m. for a look at the u.s. retail sector. walmart and target getting set to release third quarter numbers. >>> chig that's ruling com uhe nus party has lifted the curtain. the unveiling seals so s xi jins rise. hu has seeded oig all powers and that's gives china's next leader a strong mandate. eunice has more for us this morning. it sounds like a pretty signature consolidation of power under xi. >> definitely is a consolidation of power. he'll get a very strong mandate as you had mentioned to run this country the way that he wants. he gets the three top titles, the most powerful are party chief, president as well as military commander. that is very significant because it allows him to have more control over his own agenda. when he went to meet the press this morning, he was looking very casual, looking a about folksy. when he was youtd lining t
, the u.s. ambassador, susan rice, meets with some of her toughest critics. and apparently they don't like what she has to say. >> we are significantly troubled by many of the answers that we got and some we didn't get. more disturbed now than i was before. >> shepard: republican senators criticizing ambassador rice for her initial comments on the libya consulate attack. >> ambassador rice has no responsibility for collecting, analyzing and providing intelligence. >> shepard: tonight the ambassador responds. >>> plus, the people of egypt trying to avoid trading one dictator for another. fighting back against a president who gave himself new powers. tonight a potential crisis point as the leader tries to put himself above the law. and how will the u.s. handle this? >>> plus, the chances of winning are ridiculously low. but millions of us are still lining up for a shot at a record powerball jackpot. >> lucky, lucky, lotto win. >> shepard: tonight a look at the actual odds of winning it all. but first from fox this tuesday night, three republican senators now say they cannot support the u.n.
in numbers left them vulnerable. throughout the first quarter century of u.s. independence, written and americans had chafed each other about the population, its regulation, its limitation. even as white americans claim to meet enslaved africans and african-americans, the people they labored for that covered indian land to support ever-growing numbers of the nation's people. the british interfered with then criticized u.s. lanes on both counts. on the continent, the british continue to cultivate diplomatic and economic ties -- ties with native american supporting the rival population for whom the united states perceived the greatest stress. on the ocean britain controlled atlantic shipping for bidding the atlantic slave trade after 18 seven and harassing the u.s. merchants. meanwhile, britain's traditional goal of population limitation, because usually the british thought on their small biothat they had too many people but the royal navy needed every hand he they could find on deck. the british practice supporting american ships to round up back the bond british seamen provoked enor
minister and the u.s. secretary of state. the truce calls for an immediate halt to the fighting and reportedly aims to work towards a longer-term solution as well. >> the latest escalation in violence began just over a week ago. since then, some 140 palestinians and five israelis have been killed in air strikes and rocket attacks. >> we will be trying to go live to cairo and also to gauze in a moment, but first, let's get back to evens earlier in it -- earlier in the day that threatens to derail the talks -- we will be trying to go live to cairo and also to gaza in a moment. >> panic on the streets of televisa. ambulances rushed to the scene of the explosion. -- panic on the streets of tel aviv. the bus was burned out but not torn apart, suggesting it may have been a relatively small bomb. israel is calling this a terrorist attack. >> hamas is a murderous organization, an organization that calls for israel's destruction. anyone who negotiates with them and the prime minister's holding talks with the americans, should know who sits there in gaza, and the need to hit them in those
recognition that the palestinians were seeking. israel and the u.s. were opposed. it could delay hopes for achieving an independent palestinian state through peace talks. u.s. secretary of state hillary clinton said the vote was unfortunate and counterproductive. >> a landmark day in and often turbulent history. jubilant palestinians to i heard there president demand what he said was their basic right to self-determination. >> the moment has arrived for the world to see clearly. enough with the settlements and occupation we are here now. >> after days of diplomacy, the majority backed palestine's bid to be recognized as a nation, but without full membership. many in a yasser arafat a square felt this was a symbolic than significant day, were the of celebration. a little -- the political activists are happy, but know that the struggle continues. >> we learned not to get our hopes up, not to get high expectations. we will wait. but we feel that we are heading in the right direction. >> israeli control over the occupied territories will not end as a result of the u.n. vote. the palestinia
recognition of a palestinian state today, despite strong u.s. and israeli opposition. >> in europe is also divided on the move. a majority of the 27-nation european union including france and spain, is expected to back the palestinians. germany, on the other hand, said it would abstain, and britain is expected to do so as well. >> hundreds of palestinian flags flying in support of statehood. people await the outcome of the united nations vote with bated breath. many have been waiting for this for a long time. recognition of a palestinian state by the united nations. >> today is a very important day for the palestinian people. we are excited. we are happy. we think the international community will not be disappointed at this time. i hope. >> palestinians are pushing to have their united nations status of credit to that of a so- called non member observer state, which does not include voting rights but brings with it the symbolic recognition of statehood. it would also mean the possibility of access to the international criminal court in the hague, but israel says the proposed resolution doe
the central bank says it has to do more to show it's serious about stimulating growth. and in the u.s., consumers filled up their shopping carts. early estimates show sales up 13% over the lost holiday weekend. >>> welcome to the start of a fresh trading week. kelly will be back tomorrow. catalonia voters have handed the majority to the separatists, but not necessarily the ones you thought. we'll assess the impact. and investors worry among protests over the egyptian president's attempt to increase his power base. and how much would it cost you to buy all items in the song 12 days of christmas? pnc wealth management will tell us why it's a lot more than you might think. plus shoppers hitting the net today, the year's biggest day for online purchases. we'll asset how much cash shoppers have left over after black friday's billion dollar be in an sa. bonanza. we have some confident data out of italy. november consumer confidence 84.8. that is a record low. we've had protests, as well. they're gathering in brussels to try to hammer out a deal on the greek deficit. prime minister says they
. >> the final campaign day for the u.s. president and his neck- and-neck rival. a last-minute scramble for votes. >> the syrian regime steps up its campaign of violence as the oposition struggles to unite. >> argentina is on a roll. citizens of buenos artists discovered the joys of riding a bicycle. >> they have been battling it out for the past 18 months. spent of billions of dollars of their campaigns and the still the polls show that the u.s. presidential election is too close to call. both presidential -- both president obama and his republican challenger on the final stance of the campaign, promising to get the country out of its economic slump. >> the election could come down to a handful of battle-ground states. making final pitches to u.s. voters. >> mitt romney began his last day of campaigning in stamford, florida. in 2008, florida voted for obama. but he hasn't kept his promises, says romney. unemployment and the national debt are higher than ever before. >> one day away from the first day of a new beginning. my conviction of better days are ahead. it is not based on promises or rheto
questions. >> monday the head of u.s. africa command is scheduled to speak at george washington university at the rising threat of terrorism. they will face questions about the growing presence of al-qaeda as well as the military could have done more in benghazi attack on 9/11. >> bret: his name came up a lot. thank you. what is the best country in the world to be from? the answer will surprise you. that is later in the grapevine. up next, a lot of people in egypt are not happy with their country's president. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees, like ourender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with
about the u.s. economy. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> hello. welcome to today's "worldwide exchange". >> 40 unions in 23 countries. that's the strikes that are planned across europe today. so if you thought there couldn't be any coordination, there is coordination. >> how are we going to be affected? >> you know, air travel, surprisingly, they have had to have a lot of cancelling due to strikes. >> we're fully at our jobs. there's two hours of it today. let's remind you exactly what's coming up. we'll have updates from beijing throughout the program as the new generation takes the first step towards leadership. >> and we're in london. talk to the ceo of wpp, martin sorrel. >> we discuss japanese banks. >> and the latest on cisco from silicon valley as the network equipment maker warns of slowing growth this quarter and some falling demand in europe. >> more than 2,000 delegates have cast their votes for china's new central committee, marking the end of the week long communist party. the world will have to wait one more day
for a possible ground invasion. we're live in gaza. >>> and coming to america. the u.s., a beacon of freedom and hope for people all around the world. the dream of citizenship about to be fulfilled from these people. they come from different lands with different stories to tell, but they will all become americans live today, friday, november 16th, 2012. >>> from nbc news, this is "today" with matt lauer and savannah guthrie live from studio 1a in rockefeller plaza. >>> and good morning. welcome to "today" on a friday morning. i'm matt lauer. >> good morning, everyone. i'm savannah guthrie. as we look at statue of liberty live, we are going to witness something really remarkable today on our plaza, and if there's a dry eye left when this ceremony is over i'll be amazed. 30 people who have worked so hard to become u.s. citizens, a wait that sometimes was measured in decades will become u.s. citizens on our plaza. >> so many of us take it for granted. those people out on the plaza do not take it for granted. their family members are here to witness it as well. it's amazing. >> one minute famili
the changes could mean. >>> welcome back. take a look at the u.s. equity futures. dow and s&p coming off their worst week since july 4th. you can see they are indicated higher, but maybe not the bounce you might have expected. the dow up 23. >> squawk sports new, texans beating the bears 13-6. foster finished with 102 yards rush and touchdown catch and texans intercepted cutler twice before knocking him out with a concussion. >> no comment about the jets? >> they lost. >> andrew, here's the deal. >> did you see rex ryan -- >> the giants won the super bowl last year. a lot of people have told him he's fat and he should shut up. he's not fat anymore. she just shut up. but sanchez, you brush up against him and the ball goes flying out. >> they've been going back and forth. >> when the giants are the defending the super bowl champions and they got their butts kicked by the bengals and the other game unbelievable is johnny football. texas a and m and alabama, that was unbelievable. alabama number one. texas a and m just joined the sec. and this guy johnny football, you just can't believe the
a favorable external environment, meaning u.s. not going into this deep due to the fiscal cliff. and also signs of improvement in asia. >> meanwhile the french pmi says the survey there suggests a 0.7% gdp drop in quarter 4 for france. >> that seems quite large. we've seen in recent quarters numbers out of front which were higher than suggested by the pmis, however, they then revised down q2. so i'm looking for a contraction of 0.3 in france quarter on quarter in q4. >> what's going to change things, ricardo, what will turn things around? >> i think on the policy front, not much one can effect. fiscal policy will remain tight next year. the ecb doesn't have a huge margin to ease policy. i'm expecting that they will cut the refinancing rate. but i don't think it will go to negative rates for now. so they can only do perhaps 25 basis points on the main refinancing rate. the omt bond buying facility can only be activated if one of the countries apply. and it doesn't look like neither spain nor italy will apply anytime soon. and anyway the bond yields have declined quite a bit compared to jul
before we did the plan, the u.s. was a system of mexico with $36 million. here we are, this neighbor that's so important to us, we're assisting. at the same time, the united states will give 25 #% of all the foreign aid that we do, a lot of money. israel, egypt, pakistan, iraq, and afghanistan. nothing wrong with that, but we have to work with our frens to the south. we put in 1.4, and with additional money, it's $1.9 billion. for every one dollar we help with mexico, they spend $13. they spend a lot of money on security. they got to -- we got to understand what they are doing. now, what we started off, we did the easy thing, buy them hell cometters, buying this, and e worked with george bush, and filed the first legislation before bush talked about the plan because i felt that strongly about helping mexico, but nevertheless, we worked together. we did the easy thing with mexico, the helicopters and the planes. the hard part is this is we got to start training or billing the capacity, the prison systems, the prosecutors, the policemen. we're working on it at the federa
has written include national defense, history and histography and the u.s. economy. a television series based upon "patriot's history of the united states" is currently in development as well. we are pleased to welcome dr. schweikart to hear about his newest book, "a patriot's v. of the modern world -- version of the modern world." please join me in welcoming larry schweikart. larry? [applause] >> well, thanks so much to heritage foundation for inviting me here. it's really an honor, and it's one that i wish my father was alive to see. heritage is one of those great bastions of liberty in a swelling sea of collectivism. you probably didn't know that you were getting somebody here that was a previous rock drummer. this later became significant in learning, as a learning experience when i began working on this film. but all along my experiences in the rock band were actually pretty informative. i tell my students i know all about communism because i was in a rock band. we shared everything, had nothing and starved. [laughter] when mike allen and i wrote "a patriot's history of the
. >> this is "cnn breaking news." >> and we begin with breaking news out of the conflict zone, an attack at the u.s. embassy in tel aviv in israel. details just coming in, but an israeli police spokesman says a security guard at the embassy was attacked with an ax. the attacker reportedly also had a knife on him. we know the attacker has been arrested. when we get more information, we will bring that to you. of course, this is all happening as israel and hamas at the tipping point of all-out war. the israelis carrying out 80 air strikes overnight with hamas fighters launching 95 rockets into israel. 38 more palestinians killed, bringing the death toll since last week to 111. cnn has confirmed secretary of state hillary clinton is heading to israel in the air at this very moment. tomorrow she will meet with prime minister benjamin netanyahu. she'll also visit egypt and the west bank city of ramallah. and while the two sides are trading cease-fire proposals, israel's ambassador tells erin burnett his country is ready to launch a full-scale ground invasion. we talk to our reporter in phnom penh. she's
u.s. president barack obama and his republican challenger, mitt romney, have begun their final round of campaigning in battleground states. romney is using a new strategy to win over voters ahead of tuesday's election. the latest poll by abc news and the washington post suggests obama and romney both have support rates of 48%. romney is focusing on wisconsin, one of the swing states where obama is said to have a lead. >> the contacts made in wisconsin over the last months have just blown everybody away, and i want to thank you for the work you're doing. that's going to help us get this victory. >> romney is likely to still have a chance of winning if he takes wisconsin, even if he loses another key state, ohio. the republican challenger is also running more tv ads in pennsylvania, michigan, and minnesota. obama is expected to win more votes from the electoral college made up of electors allocated to each state. >> if you are willing to work with me and knock on doors with me and make some phone calls with me and turn out with me and grab your friends and neighbors and co-worker
do to itself if washington allows us to go over the fiscal cliff. unemployment in the u.s. which has come down to to 20.9%, it could go up another 9%. according to a new research new york post poll, you clearly understand the danger of this fiscal cliff. 50% say it will have a major effect on the economy, 21% say a minor effect, 2% no effect, 10% say they don't know, which is why you're watching this right now. president obama says they're centering around increasing tax on the wealthy which will go a good way in increasing the revenue that he wants to raise in the next decade in an attempt to reduce the federal deficit. he wants to reinstate the bush tax cut which goes to the top 2% of earners. that would jump from 36% to 39%. he likes to say that's where it was during the clinton years. the second one would go from 36% to 39%. he's been focusing on this specific number since his reelection which suggests he may compromise on the actual rates in order to get a deal. there are other taxes as well he's talking about. taxes on investment gain would also go up. the capital gains tax wou
to studies, the average household could pay $3500 more in taxes. unemployment in the u.s. which has come down to 7.9% could head back up above 9% by this time next year. the u.s. could join europe which has been hit by a double dip recession. and according to a pugh research/"washington post" poll, you clearly understand the danger of this fiscal cliff. 68% say it will have a major effect on the economy. 21% say just a minor infect. only 2% say no effect. 10% say they don't know which is why you're watching this right now. president obama's solution to all this is to make a deal centered around increasing taxes on the wealthy which will go a good part of the way to raising the $1.6 trillion in new revenue that he wants to raise over the next decade in his attempt to reduce the federal deficit. he wants to let the bush era tax cuts expire. if that happens, the top tax rate on income would jump from 36% to 39%. he likes to say that's where it was during the clinton years. the second top rate would go from 33% to 36%. now this is what president obama campaigned on. he's been vague about the spec
to equip the new immigrants with the skills they need to make it in the u.s.. for example as richard mentioned by making sure that they and their children receive effective english language instruction. we tend to talk a lot about what to do about illegal immigrants who are already here whether to provide them with what some people call the legalization and other people call amnesty and on both sides lot of the arguments or moral. one group suggesting legalization would erode the rule will fall and another saying it's the status quo that undermines the rule of law and decides that he man to lead to a humanitarian duty to regulate the status of the people who come here over the last few decades. well, my own reading of the polls is that the answer is that people give to a lot of questions depend a lot on the wording of the question which suggests to me the polls are useful for identifying some impulses that are strong in the public and not so much for finding specific policies. the impression i have is that most people are not opposing the principal to allowing people who've been here
will not changey law or compromise u.s. sovereignty. it will not lead to any new lawsuits because its terms do not create any new rights and it cannot be enforced in any united states court. for families that choose to educate their children at home, the treaty will not change any of the current rights and obligations under american law. i was pleased that in -- leading pro-life groups like the national write to life committee confirm that the treaty does not promote, expand access, or create any right to an abortion. when we tried to move in treaty earlier this year, some objected on the basis that the senate really shouldn't ratify a treaty during a lame-duck session. well, we did a little study. i want to moat for the record that since 1970 in the last 42 year, the senate has ratified at least 19 treaties during lame-duck sessions. there's no procedural justification for not ratifying this treaty that could mean so much to those living with disabilities. thanks to decades of bipartisan cooperation, our country embodies the worldwide gold standard for those living with disabilities. in closi
unfounded. also, the information stored on servers in the u.s., which opposes legal problems. can it then be used as evidence in german courts? public opinion is divided. >> our privacy keeps shrinking. i do not like it. >> if they are using it as a tool to solve crimes, sure, why not? >> the lower saxony police have found an effective way to use this book is to post links on it to their german-based site, which contains pictures and detailed descriptions. it is a legal work around that could become a national blueprint for digital crime solving. >> christie's has recorded the most successful sale of contemporary art ever, taking in more than $400 million. >> many buyers are increasingly seeing art as a safe investment now. a large-scale sculptures sold for $33.7 million, the highest -- second-highest price ever achieved at an auction by a living artist. coming up after the break, we will be taking a look at china's new leadership. do not go away. >> stick around. >> welcome back. he's just become one of the most powerful men in the world. >> today in beijing, he was named the gen
. >>> also, the prospect of a big promotion for the u.s. ambassador to the u.n., susan rice, etch though he's been the target of republican attacks for weeks. up high! ok. don't you have any usefull apps on that thing? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly lculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ fema
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